Agrominds Africa Challenge 2020 for African Agribusinesses/business ideas

About the Challenge

Empowering the next Generation of African Agribusinesses – Apply now to receive up to $150,000 in seed or growth capital if you have an innovative idea or existing agribusiness operating across the agribusiness value chain in Africa.

Eligibility Criteria

Your Agribusiness lifecycle should be at the Idea, Early or Growth/Expansion Phase
Your Agribusiness should be operating within the following thematic agribusiness areas

Agricultural inputs including Seeds, Fertilizers & Crop protection
Primary Production /Farming
Agroprocessing & Manufacturing
Agricultural Product Wholesale
Agricultural Product Expert Retailers
Food Logistics & Transportation
Digital Farming/Agritech
Agricultural Financing
Agricultural Service Providers – management consulting, legal, marketing, accounting, extension

The proposed Agribusiness or idea must operate in Africa and Applicants must be legal residents of any one of the 54 African countries.

Challenge Timeline (Adjusted due to COVID-19 Pandemic)

Submission Deadline: Extended
Finalist Announced: To be confirmed
Finalist present Business Pitches: To be confirmed

Focus of the Challenge

Participation will be limited to citizens of African states with due consideration given to geographically-even representation.

Only proposals designed for agriculture on the African continent will be eligible for consideration.

The first edition of the competition will be designed for Idea, Early and Growth Stage agribusinesses with an:

a. Ability to improve food security, create employment and boost local incomes
b. Ability to demonstrate potential for post revenue business model
c. Ability to demonstrate for market traction

Benefits and Opportunities for Participants

Receive technical guidance and coaching in order to achieve investment readiness
Secure equity financing to launch, grow or expand their agribusinesses
Provide market visibility of their business models to attract more investment capital
Provide market visibility of their agribusiness models to enhance or generate market traction for their products or innovation

Take your Agribusiness to the Next Level or Become the Next Agrominds Agripreneur